Playa Hotels & Resorts N.V (NASDAQ:PLYA) shares traded 0.38% higher at $13.29 on Wall Street last session.
PLYA stock price is now 14.10% away from the 50-day moving average and 44.58% away from the 200-day moving average. The market capitalization of the company currently stands at $1.71B.
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On February 11, 2025, Deutsche Bank Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $15 to quote $13.50, while ‘Truist’ rates the stock as ‘Hold’
In other news, DAVIDSON KEMPNER CAPITAL MANAG, 10% Owner sold 100,000 shares of the company’s stock on Nov 08 ’24. The stock was sold for $974,000 at an average price of $9.74. Upon completion of the transaction, the 10% Owner now directly owns 12,142,519 shares in the company, valued at $161.37 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 14 ’24, Director Peterson Karl Mr. sold 60,000 shares of the business’s stock. A total of $498,600 was realized by selling the stock at an average price of $8.31. This leaves the insider owning 2,469,033 shares of the company worth $32.81 million. A total of 29.34% of the company’s stock is owned by insiders.
During the past 12 months, Playa Hotels & Resorts N.V has had a low of $6.95 and a high of $13.27. According to the stock market information, the enterprise value for the company is $2481476864, which is based on a 27.81 price-to-earnings ratio, a 1.25 price-to-earnings-growth ratio, and a beta of 1.46. The fifty day moving average price for PLYA is $11.5772 and a two-hundred day moving average price translates $9.1714 for the stock.
The latest earnings results from Playa Hotels & Resorts N.V (NASDAQ: PLYA) was released for 2024-09-30. The net profit margin was 6.83% and return on equity was 12.12% for PLYA. The company reported revenue of $183.52 million for the quarter, compared to $213.15 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -13.9 percent. For the current quarter, analysts expect PLYA to generate $212.26M in revenue.
